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Tick Chart Setups for Different Indexes


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Tick Chart Setups for Different Indexes

  #11 (permalink)
 
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 DavidHP 
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bourgeois pig View Post
I have read about tick and volume charts. i have never implemented either of them. If I have this right, tick charts represent transactions regardless of contract size and volume represents individual contracts? Please correctme if I am wrong.

Also for those of you that have used both: WHat differences are there in the way you interrpret the 2?

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  #12 (permalink)
 
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 bourgeois pig 
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DavidHP View Post

Not sure if you read the one response, to the question, in the link, that you provided, but it was pretty vague. I believe differences, in interpretation, of tick charts and volume charts, could be described, by those implementing them, more adequatley. Thanks for trying though....

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  #13 (permalink)
 futrstrdr 
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I find that a larger tick value leads to fewer and better trades. I use 5000 tick charts for CL & ES

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